anyone used Transferwise.com to send payments to Europe?
07-21-2015, 09:55 PM
#1
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anyone used Transferwise.com to send payments to Europe?
The exchange rates on this site are very close to xe.com or the mid market rate, on a large jet from Europe e.g. 7-8k that means $600.00 in savings vs Chase or bank of America.
However there is a 2-3 day delay.
I wanted to see if anyone had used these guys?
However there is a 2-3 day delay.
I wanted to see if anyone had used these guys?
07-22-2015, 03:02 AM
#2
DW,
Yes, I have used it, just once.
I normally use xetrade.com, but the buyer wanted to use Transferwise, so I tried to set it up but had great difficulty getting the correct US bank info entered. It seems to be geared more for European transactions.
Luckily I also have a UK bank account, so I ended up using that with Transferwise to complete the purchase. I wouldn't use it out of choice though, not after the US account problems that I never solved.
Have a look at xetrade.com. I'm really happy with it.
Paul
Yes, I have used it, just once.
I normally use xetrade.com, but the buyer wanted to use Transferwise, so I tried to set it up but had great difficulty getting the correct US bank info entered. It seems to be geared more for European transactions.
Luckily I also have a UK bank account, so I ended up using that with Transferwise to complete the purchase. I wouldn't use it out of choice though, not after the US account problems that I never solved.
Have a look at xetrade.com. I'm really happy with it.
Paul
